EURUSD reversed off resistance, potential drop!
EURUSD reversed off its resistance at 1.1837 (61.8% & 38.2% Fibonacci retracement, horizontal overlap resistance) where it could potentially fall to its support at 1.1647 (horizontal overlap support).
Stochastic (55, 5, 3) has also reversed off its resistance at 96% where a corresponding drop could occur.
Stochastic (55, 5, 3) has also reversed off its resistance at 96% where a corresponding drop could occur.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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